Guljamal

Glujamal is 24 and single. She has a high school diploma, and good references from her neighbors. As the sole source of income for her family, Glujamal has been selling DVDs since 2008. She started the business with 2,000 som KGS. Thanks to her hard work, she has succeeded in developing and expanding her product inventory, and her business brings in nearly 10,000 som KGS per month. This mainly covers her expenses for food and the family's everyday needs. The business's income has enabled Glujamal to increase her sales. With the goal of further expanding her business, Glujamal has applied for a loan at Bai Tushum & Partners in the amount of 100,000 som (KGS) to buy wholesale DVDs for resale. Glujamal plans to invest the proceeds from the loan into further expanding her business, and to buy an apartment some day.

Additional Information

About Bai Tushum Bank CJSC

Bai Tushum Bank CJSC is a microfinance bank in Kyrgyzstan offering clients a range of products including loans for business development, trade, production, leasing, mortgage, consumption and more. Its portfolio is mostly comprised of group loans that cater to the broadest population of clients. Kiva lenders’ funds help the bank expand its services in remote areas to impact even more vulnerable communities in Kyrgyzstan.